Vanguard Intermediate-Term Corporate Bond ETF $VCIT Stock Position Decreased by MMA Asset Management LLC

MMA Asset Management LLC reduced its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 36.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,433 shares of the company’s stock after selling 37,669 shares during the period. Vanguard Intermediate-Term Corporate Bond ETF accounts for 2.1% of MMA Asset Management LLC’s portfolio, making the stock its 7th biggest holding. MMA Asset Management LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $5,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Concorde Asset Management LLC lifted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.0% during the 1st quarter. Concorde Asset Management LLC now owns 4,271 shares of the company’s stock valued at $347,000 after buying an additional 125 shares in the last quarter. Silver Oak Advisory Group Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.1% during the 1st quarter. Silver Oak Advisory Group Inc. now owns 11,656 shares of the company’s stock valued at $953,000 after purchasing an additional 127 shares during the period. NorthRock Partners LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 54.1% during the 1st quarter. NorthRock Partners LLC now owns 376 shares of the company’s stock valued at $31,000 after purchasing an additional 132 shares during the period. Berger Financial Group Inc raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.9% during the 1st quarter. Berger Financial Group Inc now owns 2,836 shares of the company’s stock valued at $232,000 after purchasing an additional 133 shares during the period. Finally, Leo Wealth LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 1.8% during the 2nd quarter. Leo Wealth LLC now owns 7,998 shares of the company’s stock valued at $651,000 after purchasing an additional 143 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

Shares of VCIT opened at $84.05 on Monday. The business’s 50 day moving average is $84.10 and its 200 day moving average is $82.68. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a dividend of $0.326 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.